It’s made billionaires. It’s absurdly popular and yet also absurdly volatile. The hype is only growing. But is Bitcoin a bubble? And if it is one, when will it burst?
First of all, this currency doesn’t even make sense. What good is a currency where one “coin” has a value of $14,000? How can I buy a coffee with that? This thing is going to burst big-time.
You can spend fractions of a bitcoin. A Satoshi is the smallest denomination at .00000001 Bitcoins.